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Are bank stocks safe? What to know

Bank stocks stumbled this week after S&P Global Ratings downgraded the credit ratings of five banks -- just two weeks after Moody's cut the credit ratings of 10 small and midsize banks. Carleton English, a reporter at Barron's, joins CBS News to discuss what's behind the recent downgrades and whether investors should be concerned.
Aug 25, 2023 (04:55)
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